• The pair continued showing some resilience below the 1.3300 handle and staged a solid bounce on Monday following the release of BoC's Business Outlook Survey results.
• The positive momentum extended through the mid-European trading session on Tuesday, albeit bulls struggled to build on the strength further beyond the 1.3400 handle.
• Given the overnight upsurge beyond 100/200-hour SMA confluence region, bullish oscillators on hourly/daily charts indicate an eventual break through the mentioned handle.
• A sustained breakthrough should now assist the pair to aim towards the 1.3445-50 supply zone, en-route March swing highs (the 1.3465-70 region) and the key 1.3500 psychological mark.
|Today last price||1.3376|
|Today Daily Change||0.0008|
|Today Daily Change %||0.06|
|Today daily open||1.3368|
|Previous Daily High||1.3391|
|Previous Daily Low||1.3298|
|Previous Weekly High||1.3398|
|Previous Weekly Low||1.3284|
|Previous Monthly High||1.3469|
|Previous Monthly Low||1.313|
|Daily Fibonacci 38.2%||1.3355|
|Daily Fibonacci 61.8%||1.3333|
|Daily Pivot Point S1||1.3313|
|Daily Pivot Point S2||1.3259|
|Daily Pivot Point S3||1.322|
|Daily Pivot Point R1||1.3406|
|Daily Pivot Point R2||1.3445|
|Daily Pivot Point R3||1.3499|
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